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Updated almost 10 years ago on . Most recent reply

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19
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Hashmat Amin
  • Brea, CA
0
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19
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Looking to buy my first 4plex in Southern California

Hashmat Amin
  • Brea, CA
Posted
I am eagerly looking for my first 4plex in Southern California area. I would like to use an FHA 3.5% down loan to get the property and live in it for a small time period. Anyone have any prospects ???

Most Popular Reply

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31
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14
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John Tu Nguyen
  • Real Estate Broker
  • Orange, CA
14
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31
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John Tu Nguyen
  • Real Estate Broker
  • Orange, CA
Replied

@Hashmat Amin

I would recommend getting prequalify with a lender first to see how much of a 4plex you can afford before you go house hunting. If this is your first time buying there are a lot of things to consider, ie: taxes, insurance, PMI, closing cost etc. Then once you know what you can afford it will narrow down where you can find a 4plex in fits your price range. If you have already done this, great. If not, I would start there before you go any further.

Best of Luck!

-John

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